CHARLOTTE, N.C. – Barings, a leading global investment manager, has served as lead agent for an incremental senior secured facility, increased revolver, and delayed draw term loan to support Graham Partners’ portfolio company, Woodland Gourmet, in its acquisition of Sevillo Fine Foods.
Sevillo, an artisan producer of chef-inspired specialty ingredients, will enhance Woodland’s product portfolio and value-added capabilities. Based in Waukegan, IL, Woodland Gourmet is known for its authentic culinary solutions, and the acquisition strategically expands its specialty food offerings and supply chain reach.
Strengthening Woodland’s Market Position
Andrew Snyder, Managing Principal at Graham Partners, stated:
“Sevillo is highly complementary to the Woodland platform, and we believe it will strengthen and scale the company’s offerings. We are glad to have the continued support of Barings, which has been a valued partner in financing Woodland’s growth initiatives.”
Barings Continues to Support Food Industry Growth
Scott Chappell, Managing Director in Barings’ North American Private Finance Group, added:
“We are delighted that Woodland identified Sevillo as a strategic fit to scale and diversify their offerings. Woodland maintains a robust customer base through its well-established global supply chain, which will be further enhanced by Sevillo. Graham’s deep experience in the food industry continues to drive strong growth for their portfolio companies.”
This transaction underscores Barings’ commitment to providing tailored financing solutions that enable middle-market companies to expand through strategic acquisitions and enhance operational efficiencies
